Bhutan Development Update, March 2020:
Growth in Bhutan is estimated to have remained subdued in 2018-19 as hydropower production declined further. Inflation decelerated to its lowest level in 2018-19 since 2003, reflecting a rapid decline in food prices. Growth in bank lending to the private sector remained strong in 2018-19 (16.7 perce...
Gespeichert in:
Körperschaft: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
The World Bank
2020
|
Schriftenreihe: | World Bank E-Library Archive
|
Online-Zugang: | Volltext |
Zusammenfassung: | Growth in Bhutan is estimated to have remained subdued in 2018-19 as hydropower production declined further. Inflation decelerated to its lowest level in 2018-19 since 2003, reflecting a rapid decline in food prices. Growth in bank lending to the private sector remained strong in 2018-19 (16.7 percent, YoY) but risks to the financial sector are on the increase. The current account deficit (CAD) widened in 2018-19 on the back of lower electricity and tourism receipts. The fiscal balance improved in 2018-19 due to a sharp decline in capital spending. Risks to the outlook arise primarily from delays in the completion of the remaining large hydro projects, volatile hydropower revenues, and slippages in the implementation of non-hydro revenue measures. Bhutan faces two key challenges: making growth more inclusive and less reliant on hydropower. Therefore, Bhutan needs to facilitate more private-sector-led growth to increase employment opportunities and domestic revenues. While Bhutan achieved great strides in poverty alleviation, the pace of progress in shared prosperity has slowed in recent years. Also, disparities in poverty and other development outcomes across districts persist |
Beschreibung: | 1 Online-Ressource |
DOI: | 10.1596/33450 |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV048273023 | ||
003 | DE-604 | ||
007 | cr|uuu---uuuuu | ||
008 | 220609s2020 |||| o||u| ||||||eng d | ||
024 | 7 | |a 10.1596/33450 |2 doi | |
035 | |a (ZDB-1-WBA)NLM011139463 | ||
035 | |a (OCoLC)1334041284 | ||
035 | |a (DE-599)GBVNLM011139463 | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
110 | 2 | |a World Bank Group |e Verfasser |4 aut | |
245 | 1 | 0 | |a Bhutan Development Update, March 2020 |
264 | 1 | |a Washington, D.C |b The World Bank |c 2020 | |
300 | |a 1 Online-Ressource | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a World Bank E-Library Archive | |
520 | |a Growth in Bhutan is estimated to have remained subdued in 2018-19 as hydropower production declined further. Inflation decelerated to its lowest level in 2018-19 since 2003, reflecting a rapid decline in food prices. Growth in bank lending to the private sector remained strong in 2018-19 (16.7 percent, YoY) but risks to the financial sector are on the increase. The current account deficit (CAD) widened in 2018-19 on the back of lower electricity and tourism receipts. The fiscal balance improved in 2018-19 due to a sharp decline in capital spending. Risks to the outlook arise primarily from delays in the completion of the remaining large hydro projects, volatile hydropower revenues, and slippages in the implementation of non-hydro revenue measures. Bhutan faces two key challenges: making growth more inclusive and less reliant on hydropower. Therefore, Bhutan needs to facilitate more private-sector-led growth to increase employment opportunities and domestic revenues. While Bhutan achieved great strides in poverty alleviation, the pace of progress in shared prosperity has slowed in recent years. Also, disparities in poverty and other development outcomes across districts persist | ||
856 | 4 | 0 | |u https://doi.org/10.1596/33450 |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-1-WBA | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033653218 |
Datensatz im Suchindex
_version_ | 1812671808385581056 |
---|---|
adam_text | |
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author_corporate | World Bank Group |
author_corporate_role | aut |
author_facet | World Bank Group |
author_sort | World Bank Group |
building | Verbundindex |
bvnumber | BV048273023 |
collection | ZDB-1-WBA |
ctrlnum | (ZDB-1-WBA)NLM011139463 (OCoLC)1334041284 (DE-599)GBVNLM011139463 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1596/33450 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a2200000zc 4500</leader><controlfield tag="001">BV048273023</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2020 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/33450</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM011139463</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334041284</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM011139463</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="110" ind1="2" ind2=" "><subfield code="a">World Bank Group</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Bhutan Development Update, March 2020</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2020</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">World Bank E-Library Archive</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Growth in Bhutan is estimated to have remained subdued in 2018-19 as hydropower production declined further. Inflation decelerated to its lowest level in 2018-19 since 2003, reflecting a rapid decline in food prices. Growth in bank lending to the private sector remained strong in 2018-19 (16.7 percent, YoY) but risks to the financial sector are on the increase. The current account deficit (CAD) widened in 2018-19 on the back of lower electricity and tourism receipts. The fiscal balance improved in 2018-19 due to a sharp decline in capital spending. Risks to the outlook arise primarily from delays in the completion of the remaining large hydro projects, volatile hydropower revenues, and slippages in the implementation of non-hydro revenue measures. Bhutan faces two key challenges: making growth more inclusive and less reliant on hydropower. Therefore, Bhutan needs to facilitate more private-sector-led growth to increase employment opportunities and domestic revenues. While Bhutan achieved great strides in poverty alleviation, the pace of progress in shared prosperity has slowed in recent years. Also, disparities in poverty and other development outcomes across districts persist</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/33450</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033653218</subfield></datafield></record></collection> |
id | DE-604.BV048273023 |
illustrated | Not Illustrated |
index_date | 2024-07-03T20:00:08Z |
indexdate | 2024-10-12T04:02:27Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033653218 |
oclc_num | 1334041284 |
open_access_boolean | 1 |
owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
physical | 1 Online-Ressource |
psigel | ZDB-1-WBA |
publishDate | 2020 |
publishDateSearch | 2020 |
publishDateSort | 2020 |
publisher | The World Bank |
record_format | marc |
series2 | World Bank E-Library Archive |
spellingShingle | Bhutan Development Update, March 2020 |
title | Bhutan Development Update, March 2020 |
title_auth | Bhutan Development Update, March 2020 |
title_exact_search | Bhutan Development Update, March 2020 |
title_exact_search_txtP | Bhutan Development Update, March 2020 |
title_full | Bhutan Development Update, March 2020 |
title_fullStr | Bhutan Development Update, March 2020 |
title_full_unstemmed | Bhutan Development Update, March 2020 |
title_short | Bhutan Development Update, March 2020 |
title_sort | bhutan development update march 2020 |
url | https://doi.org/10.1596/33450 |
work_keys_str_mv | AT worldbankgroup bhutandevelopmentupdatemarch2020 |